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Financial Reporting

Sir, the post acq profit of 1,18,540 is after deducting 100% dividend, So, to compute post acq share of parent, shoudn't we add back 70% dividend? It is paid to parent, so it should be eliminated? [Video Time Stamp: 30:14] Video Details ------------- Consolidated Financial Statements under Ind AS Consolidated Financial Statements under Ind AS #30. Illustration 19


SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

★ 4K+

16-Mar-26 08:25

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Answers (1)

You will add back parent's share of dividend and again deduct since its already credited to PL. So net effect is same.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Mar-26 10:12

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